Atlantic Lithium Share Discussion Threads

[lenses] 27/9/2022 12:07

Risk off now. Money costs more.

This will put off many potential bidders. I'm quite happy with that as I think the present deal with Peidmont will result in a far far higher valuation for Atlantic (10x here+) than any T/O that may appear over the next year.

We'll see.

[ukgeorge] 27/9/2022 11:18

It was always something of nothing. The MIIF guy was giving a speech and said they wanted to invest in Atlantic Lithium, so the RNS was put out. They have had plenty of opportunities to invest in the market.

I find the April 4th RNS more interesting in that, there were multiple parties interested at buying the company at 50p. We are now sub 40p, lithium prices are higher, the pound is much lower the DFS is out. Surely those various parties should be thinking about making a bid.

[sos100] 27/9/2022 11:13

rns 25/5.....can't remember any follow up on this?

"The Company confirms that it was approached by MIIF and has signed a non-disclosure agreement to enter into discussions regarding a potential investment into the Company however no discussions have occurred at this stage.

As previously announced the Company is considering a secondary listing on the ASX.

Further announcements will be made as appropriate.

[disc0dave45] 27/9/2022 08:52

Good post. Don't know why someone would tick it down.

[sipptrader88] 27/9/2022 07:29

Plasbryn I think you are missing the "Macro" headwinds picture.....all explained in previous posts.....This will continue.....and offers only buying opportunities at present.....eventually it will turn and perform extremely well. Macro coupled with ASX 58c (34p) is why we are here today.

[plasybryn] 27/9/2022 07:09

I'm totally confused as to the performance of this share. The outlook appears cast iron, the fundamentals are now at PFS stage and it has blue chip backing. Is the volatility due to it being too high profile with lots of uniformed traders jumping in and out with any whim. Or is there something i'm missing.

[givmesunshine] 27/9/2022 06:52

Morning AllCrazy movement for ALL , lithium still breaking new highs and resourse firming up and we are treading water - not sure why the PFS was released 2 days before ASX listing .. a bit disappointing but will be adding today if ii will let meGLA

[gersemi] 27/9/2022 05:04

‘According to CGLI Research, the first mined lithium ore from Finniss (Core Lithium's flagship in NT) will be put through online auction for buyers to bid - due to the huge demand. This is probably something I have seen the first time in the commodities market except diamonds’

[waterloo01] 26/9/2022 17:31

Hargreaves Lansdown. Not able to trade ALL.

[sipptrader88] 26/9/2022 17:22

It seems to be a fair price/limit arbitrage temporary problem mixed with the macro......we all had previously considered this possibilty of 34p ish........Personally I decided to not gamble either way....sometimes it's best to hold a core but also make a bit in trading and leave something for the next guy...in other words trade in the middle.....or maybe that's a cop out for being scared to go ALL the way with instinct.....anyway we will get more "macrohits" and more "buying opps" ....very frustrating for LTAs.....if the indices continue to lose 1% a day...and our peers 3%...who knows.....but we do know it will turn one "sunny" day and we know where we are going......think I suggested this a few months ago...and now we're here. Still holding firm with my core...but will trade opportunities....for fun mainly and adrenaline rush.....lol

But I cannot think of a better share to hold a CORE in through the turmoil....and when the macro turns i'll go ALL the way!

GLA

[qipincha] 26/9/2022 16:51

what is hl? hope this is not a silly question

[neo26] 26/9/2022 16:27

Couldnt buy from hl

[disc0dave45] 26/9/2022 16:21

Thanks, got it.HTTPS://www2.asx.com.au/markets/company/a11

[ukgeorge] 26/9/2022 16:17

disco Dave 2.4 million shares were traded in Australia. LSE closes at 4:30pm

and I think we closed at 36.5p in the UK.

I'm hoping we get back to 40p tomorrow or at least close.

[qipincha] 26/9/2022 16:02

I am amazed by the price change. The chart shows 40p closing...

[disc0dave45] 26/9/2022 15:57

As ASX trades 9 hours ahead I'm assuming that nothing was actually traded in Oz today (LSE opens 8am ASX would be 5pm and closed)

[waterloo01] 26/9/2022 15:28

Still not tradable on HL

[qipincha] 26/9/2022 15:27

close above the support line. good job to anyone who bought today.

[sipptrader88] 26/9/2022 13:38

In Summary volatility with buying opportunities and massive long term potential!

[ukgeorge] 26/9/2022 12:42

It has only had 4 hrs of trading, hopefully in 4 weeks we might start to see the benefit of being more accessible to these sophisticated Australian investors.....

Roll on some drill results....

Now that we have used up the ASX listing and PFS

At least the low price should attract the Australians to start buying.

[steeplejack] 26/9/2022 12:13

It was always optimistic to believe that the Aussie listing would benefit the UK quote for the simple reason that many junior AIM mining explorers have listed on Canadian and Australian markets before and never derived more than a fleeting benefit.In a world of global 24 hour markets,the logistical merits of having a 'local' listing are not that significant.Its nice though,afterall,Atlantic are an Australian company.Just hope they don't scarper and dump the AIM listing.That said,ALL look very cheap but..... in a bear market,lots of stocks look cheap......largely with the benefit of hindsight.

[ukgeorge] 26/9/2022 11:50

I hope this is our last buying opportunity....

[disc0dave45] 26/9/2022 10:26

Listed on ASX at 34p (last time I looked at exchange rate) - guess inevitable it was going to drop to that.....manipulated!, of course not lol

[ukgeorge] 26/9/2022 09:52

With the £ falling so much there must be a few companies looking for bargains.